In the morning of London, there are many May Day holidays, and the US ISM manufacturing index is ahead
On May 1, many markets around the world are closed for May Day, resulting in a quiet morning market in London. However, following the Bank of Japan’s decision last week, the yen has weakened, and there is a possibility that the yen exchange rate may become active again if there is an opportunity. Later today, […]
The dollar exchange rate fluctuates at the beginning of the week, and it is difficult to find a clue today
The dollar exchange rate fluctuated at the beginning of the week. The surge in crude oil prices is the reason for the dollar buying. Unexpected announcements of large production cuts by Saudi Arabia and others have led to a surge in crude oil futures. Inflationary fears are associated with tightening US interest rates. In the […]
Check the US indicators just before the US FOMC
Recently, the exchange rate has fluctuated due to speculation about the future pace of interest rate hikes by the US FOMC. At the FOMC meeting on the 2nd of this week, the market consensus is formed for a 75bp rate hike. The focus will be on the pace of interest rate hikes after December. […]